The EUR/AUD pair is attempting to resume its upward movement and continue the uptrend

A bullish rally is expected for the EUR/AUD pair in the short and medium term

The EUR/AUD pair has reached strong buying pressure, and buy signals are already appearing.

If the current candle closes bullish, we expect to see a continuation of the upward trend in the short and medium term.

Expected targets

If the price continues to rise, we expect to see targets at 1.64700 and 1.65400, respectively.

This analysis will be invalidated if the price breaks below the demand zone and closes below it.